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20121202
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days before the debt limit deadline, i had dinner with john boehner, and saxby chambliss, who'd been close friends serving together in the house. i shared my concerns with the speaker and he asked how i would get to a better outcome >> guest: well, first of all, ask yourself the question, when was the last time the debt limit was not increased. so, do we have a debt limit? and the answer to that is, the reason we're in trouble is because we essentially do that every time a president wants to raise it, they did it raised. so we've never acted responsibly to trim the waste in government. here's the other point i think. we are going to -- here's the debt limit we're going to run into. it's what "the debt bomb" is all about. there will come a time in the very near future where people won't loan us money. because their expectation of our ability to pay it back will be such that we will see interest payments like greece. and that's not all that far away. you can have ben bernanke telling you there's no inflation. most americans know that is into right now if you're out there buying milk an
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